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Private banks such as ING dominate the wealth management market in Belgium. The breadth of services provided by private banks is the major differentiating factor that has pushed them into this market-leading position. In addition, private banks that are part of a universal banking group have been very successful due to their strategic targeting of the aspiring mass affluent segment...more >>
The Australian government's budgetary proposal to encourage senior citizens to downsize is intended to increase the availability of large family homes on the market. Yet other measures introduced in the budget will lead to reduced income for many households, meaning that fewer consumers will be able to afford to buy...more >>
Porsche has developed an innovative new hybrid-electric powertrain that combines the electric motor and the clutch in one unit. The unit is intended to significantly reduce the amount of fuel consumed in everyday driving conditions. The module will debut on the next-generation Panamera, but is intended to be fitted to all Porsche's future cars, including the iconic 911 range...more >>
Wendy's is entering the US mobile payments market, launching a pilot program introducing POS payment functionality to its existing MyWendy's mobile app in three US cities. Retailer mobile wallet apps undoubtedly have the potential for success, but their focus on customer loyalty makes mobile wallets less payment tools and more marketing devices...more >>